Sentences with phrase «year agreement commences»

The two year agreement commences in March 2006, and includes the vessel, associated logistics and engineering support to perform subsea work, and can be extended at Apache's option for up to 15 months.

Not exact matches

Last year, President Donald Trump announced that the U.S would withdraw from the Paris Agreement and commence negotiations to re-enter or negotiate a new accord.

The agreement relates to energy produced by a portion of the Thunder Ranch wind farm in Oklahoma, which is expected to commence operations by the end of this year.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

Commonwealth environmental water (up to 1,748 ML) is being delivered to several sites across the Renmark - Paringa area in South Australia as part of a three year agreement that commenced in 2016 - 17.

ANY CAUSE OF ACTION OR CLAIM YOU MAY HAVE WITH RESPECT TO THIS AGREEMENT, ANY JUICY JUICE WEBSITE OR USE THEREOF, MUST BE COMMENCED WITHIN ONE YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION ARISES.

In conjunction with a September 1982 collective bargaining settlement, an agreement was reached whereby the deferred wages plus accrued interest would be paid over a seven - year period commencing July 1, 1984.»

Nov 28 (Reuters)- Kongsberg Automotive ASA: * Says Fluid Transfer business area has been awarded a three year supply agreement for high temperature hose products to Europe and China * Says the agreement is worth an estimated 23 million euros over its lifetime (198 million Norwegian crowns) * Says production under contract will be from KA's facilities in Normanton, UK and Grand River Ohio, USA, and commences in January 2015 Source text for...

So far the agreement has seen American Airlines commencing flights to Sydney, Qantas reducing capacity from Los Angeles to Sydney while adding flights from San Francisco to Sydney and American Airlines adding a Los Angeles to Auckland route from June this year.

Lawyers for Day pointed out that if the 407 is entitled to rely on the limitation period of 15 years set forth in the Transponder Lease Agreement and not commence a claim for 15 years, Day would be liable to pay the 407 ETR $ 289,444.45 on a principal balance of $ 9,808, given the interest would be accumulating at the compounded rate of 26.82 per cent.

After the bank commenced mortgage enforcement proceedings, but before it could take possession of the unit, the owner signed a five year lease agreement with a tenant on terms that were exceptionally favourable to say the least.

It was based on his reasonable conclusions that (i) the parties» agreement provided for mediation as a precondition to arbitration; (ii) the requirement to mediate «in Delaware», which ran afoul of section 10 of the Arthur Wishart (Franchise Disclosure) Act, could be severed from the parties» agreement using the «blue pencil» approach, which kept intact the requirement to mediate, just not in Delaware; and (iii) applying the «appropriate means» branch of the discoverability test in s. 5 (1)(a)(iv) of the Limitations Act, 2002, the two year limitation period for arbitration commenced on the date that mediation was deemed completed.